Harley-Davidson Q3 2010 income climbs as sales slip

Harley-Davidson's 3rd quarter 2010 financial results are in: income climbs as sales drop. Net income totaled $88.8 million, or 38 cents per share, which compares with income of $26.5 million, or 11 cents per share for the same period last year.

H-D reported a 7.7 percent decrease in motorcycle sales worldwide, including a 9.4 percent decrease in the U.S.

The company posted a net profit of 40 cents per share from continuing operations. Revenue fell 2 percent to $1.09 billion.